Quotessence
Home / Quotes / Quote by Nick Harkaway

Quote by Nick Harkaway

“Like casinos, large corporate entities have studied the numbers and the ways in which people respond to them. These are not con tricks - they're not even necessarily against our direct interests, although sometimes they can be - but they are hacks for the human mind, ways of manipulating us into particular decisions we otherwise might not make. They are also, in a way, deliberate underminings of the core principle of the free market, which derives its legitimacy from the idea that informed self-interest on aggregate sets appropriate prices for items. The key word is 'informed'; the point of behavioural economics - or rather, of its somewhat buccaneering corporate applications - is to skew our perception of the purchase to the advantage of the company. The overall consequence of that is to tilt the construction of our society away from what it should be if we were making the rational decisions classical economics imagines we would, and towards something else.”

Quote by Nick Harkaway

Work

The Blind Giant

Browse quotes and source details for this work. more

Author

Nick Harkaway
Nick Harkaway

Nick Harkaway, born in 1972, is a talented British novelist known for his imaginative works, deep themes, and complex narrative structures. His novels often deal with technology, politics, and social issues, and have been well-received by readers. more

You May Also Like

“As history has repeatedly suggested, nothing is more effective for demolishing traditional legal protections than the combined claims that a crime is uniquely dangerous, and that those behind it have exceptional powers of resistance. [On witchburning in France during the 16th Century.]”

“This is a great trap of the twentieth century: on one side is the logic of the market, where we like to imagine we all start out as individuals who don't owe each other anything. On the other is the logic of the state, where we all begin with a debt we can never truly pay. We are constantly told that they are opposites, and that between them they contain the only real human possibilities. But it's a false dichotomy. States created markets. Markets require states. Neither could continue without the other, at least, in anything like the forms we would rec­ognize today.”